Dish Network to Start Accepting Bitcoin Payments

It will continue to accept traditional payment sources

   

Dish Network to Start Accepting Bitcoin Payments

Subscribers to satellite TV provider Dish Network (DISH) will soon have a new way to pay their monthly bills.

Bitcoins 300x168 Dish Network to Start Accepting Bitcoin Payments
Source: Flickr

Dish Network says that, beginning in the third quarter, its customers will be able to pay for their service with bitcoin. In a statement, Dish Network said it would partner with Coinbase to process bitcoin payments. Subscribers who make one-time payments through DISH’s mydish.com will be able to use bitcoin, the Wall Street Journal notes.

Day Trading 1851 Dish Network to Start Accepting Bitcoin Payments
Biggest Movers in Services Stocks Now – BKS LGF EJ DISH

In addition to bitcoin, Dish Network subscribers will still be able to make payments through bank accounts, credit cards and debit cards.

A number of retailers have added bitcoin as a payment option.

Dish Network begins its fiscal third quarter on July 1.

In Thursday morning trading, DISH stock rose modestly.

More Bitcoin News:


Article printed from InvestorPlace Media, http://investorplace.com/2014/05/dish-network-start-accepting-bitcoin-payments/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.